OECD-FAO Agricultural Outlook 2016-2025 - © OECD 2016
3.A1.5 | World dairy projections: Butter and cheese | ||||||||||||
3.A1.5 | World dairy projections: Butter and cheese | ||||||||||||
Calendar year | |||||||||||||
| | | Average 2013-15est | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| BUTTER | ||||||||||||
| World | ||||||||||||
| Production | kt pw | 10 375 | 10 726 | 10 950 | 11 149 | 11 328 | 11 527 | 11 717 | 11 917 | 12 116 | 12 319 | 12 522 |
| Consumption | kt pw | 10 291 | 10 641 | 10 864 | 11 076 | 11 264 | 11 461 | 11 652 | 11 851 | 12 052 | 12 258 | 12 462 |
| Stock changes | kt pw | -2 | -4 | 14 | 4 | -4 | -5 | -4 | -1 | -2 | -2 | -1 |
| Price 1 | USD/t | 3 650 | 2 848 | 2 969 | 2 968 | 3 051 | 3 188 | 3 310 | 3 356 | 3 405 | 3 482 | 3 520 |
| Developed countries | ||||||||||||
| Production | kt pw | 4 592 | 4 800 | 4 893 | 4 977 | 5 033 | 5 103 | 5 153 | 5 220 | 5 287 | 5 358 | 5 433 |
| Consumption | kt pw | 4 038 | 4 204 | 4 280 | 4 343 | 4 383 | 4 429 | 4 469 | 4 515 | 4 560 | 4 608 | 4 654 |
| Developing countries | ||||||||||||
| Production | kt pw | 5 782 | 5 925 | 6 057 | 6 172 | 6 295 | 6 424 | 6 564 | 6 697 | 6 829 | 6 961 | 7 089 |
| Consumption | kt pw | 6 253 | 6 436 | 6 583 | 6 733 | 6 882 | 7 033 | 7 183 | 7 336 | 7 493 | 7 650 | 7 807 |
| OECD 2 | ||||||||||||
| Production | kt pw | 4 245 | 4 450 | 4 533 | 4 604 | 4 651 | 4 723 | 4 778 | 4 853 | 4 921 | 4 987 | 5 057 |
| Consumption | kt pw | 3 634 | 3 841 | 3 893 | 3 955 | 3 995 | 4 042 | 4 083 | 4 134 | 4 184 | 4 233 | 4 281 |
| Stock changes | kt pw | -2 | -4 | 14 | 4 | -4 | -5 | -4 | -1 | -2 | -2 | -1 |
| CHEESE | ||||||||||||
| World | ||||||||||||
| Production | kt pw | 22 224 | 22 937 | 23 366 | 23 747 | 24 031 | 24 382 | 24 722 | 25 039 | 25 350 | 25 696 | 26 028 |
| Consumption | kt pw | 21 918 | 22 692 | 23 145 | 23 471 | 23 773 | 24 116 | 24 454 | 24 772 | 25 084 | 25 431 | 25 765 |
| Stock changes | kt pw | 25 | -22 | -46 | 10 | -8 | 0 | 3 | 1 | 1 | 1 | -1 |
| Price 3 | USD/t | 4 064 | 3 154 | 3 275 | 3 328 | 3 392 | 3 507 | 3 558 | 3 627 | 3 698 | 3 782 | 3 834 |
| Developed countries | ||||||||||||
| Production | kt pw | 17 709 | 18 350 | 18 652 | 18 974 | 19 196 | 19 469 | 19 753 | 19 998 | 20 242 | 20 519 | 20 779 |
| Consumption | kt pw | 16 830 | 17 422 | 17 755 | 17 958 | 18 160 | 18 382 | 18 607 | 18 818 | 19 026 | 19 265 | 19 473 |
| Developing countries | ||||||||||||
| Production | kt pw | 4 515 | 4 586 | 4 715 | 4 774 | 4 835 | 4 913 | 4 969 | 5 041 | 5 108 | 5 177 | 5 249 |
| Consumption | kt pw | 5 088 | 5 270 | 5 390 | 5 512 | 5 613 | 5 734 | 5 846 | 5 954 | 6 057 | 6 166 | 6 292 |
| OECD 2 | ||||||||||||
| Production | kt pw | 17 079 | 17 602 | 17 924 | 18 242 | 18 457 | 18 718 | 19 003 | 19 249 | 19 489 | 19 755 | 20 004 |
| Consumption | kt pw | 16 250 | 16 930 | 17 194 | 17 397 | 17 596 | 17 813 | 18 030 | 18 233 | 18 434 | 18 671 | 18 876 |
| Stock changes | kt pw | 25 | -22 | -46 | 10 | -8 | 0 | 3 | 1 | 1 | 1 | -1 |
Note: Calendar year: Year ending 30 June for Australia and 31 May for New Zealand in OECD aggregate. Average 2013-15est: Data for 2015 are estimated. | |||||||||||||
Disclaimer: http://oe.cd/disclaimer | |||||||||||||
FOB export price, butter, 82% butterfat, Oceania. | |||||||||||||
Excludes Iceland but includes all EU28 member countries. | |||||||||||||
FOB export price, cheddar cheese, 39% moisture, Oceania. | |||||||||||||
Source: OECD/FAO (2016), “OECD-FAO Agricultural Outlook”,OECD Agriculture statistics(database). doi:dx.doi.org/10.1787/agr-outl-data-en |